PRINCIPLES OF MANAGEMENT (MG2351)
UNIT I OVERVIEW OF MANAGEMENT
Definition - Management - Role of managers - Evolution of Management thought -Organization and the environmental factors – Trends and Challenges of Management inGlobal Scenario.
UNIT II PLANNING
Nature and purpose of planning - Planning process - Types of plans – Objectives - -Managing by objective (MBO) Strategies - Types of strategies - Policies - DecisionMaking - Types of decision - Decision Making Process - Rational Decision MakingProcess - Decision Making under different conditions.
UNIT III ORGANIZING
Nature and purpose of organizing - Organization structure - Formal and informal groupsorganization - Line and Staff authority - Departmentation - Span of control -Centralization and Decentralization - Delegation of authority - Staffing - Selection andRecruitment - Orientation - Career Development - Career stages – Training - -Performance Appraisal.
UNIT IV DIRECTING
Creativity and Innovation - Motivation and Satisfaction - Motivation Theories -Leadership Styles - Leadership theories - Communication - Barriers to effectivecommunication - Organization Culture - Elements and types of culture - Managingcultural diversity.
UNIT V CONTROLLING
Process of controlling - Types of control - Budgetary and non-budgetary controltechniques - Managing Productivity - Cost Control - Purchase Control - MaintenanceControl - Quality Control - Planning operations.